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Thursday, June 24, 2021

J.C. Penney Co. sells Avenues Mall store as part of bankruptcy deal

News Highlights:

A partnership of mall homeowners, like Simon, bought the company’s operating property. As J.C. Penney Co. Inc. exited bankruptcy final week, the company bought its Jacksonville keep house at The Avenues shopping mall to a new real estate corporation fashioned in the Chapter 11 reorganization. Though the property was marketed, the…

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News: J.C. Penney Co. sells Avenues Mall store as part of bankruptcy deal

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